Banks discuss unsecured lending

Banks discuss unsecured lending

Pretoria – Discussions around the spike in unsecured lending, global challenges and infrastructure growth formed the crux of the meeting held on Monday between Finance Minister Pravin Gordhan and the banking industry. “The representatives of banks and the minister...
SA challenges Moody views

SA challenges Moody views

  Pretoria – The decision by bank rating agency Moody’s Investor service to downgrade the stability rating of South African banks from “stable” to “negative” demonstrated  the “superficial” way in which world rating agencies tend to conduct their...